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Lease Renewal Checklist for Roommate Households
Start 60 days before lease end: survey all roommates on whether they want to renew, negotiate with the landlord, and review rent changes.
Financial review: compare current rent to market rate, factor in any utility increases, and update your HomeCo budget accordingly.
Paperwork: sign renewal, update any tenant details, and ensure all roommates are named on the lease if required.
HomeCo makes the financial side seamless — update your rent amount once and all splits and budget projections adjust automatically.